Archive | 11:15

Right-Sized is Downsized for Morgan Stanley's Trading Operation

5 Jun

Reblogged from Observer:

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Morgan Stanley is planning to ax 100 traders internationally in the weeks to come, according to the New York Post, which posits a cruel summer for investment bankers as firms grapple with lower trading revenue.

Meanwhile, The New York Times reported that Goldman Sachs let go about 50 bankers last week, including some managing directors, adding to the 3,000 jobs the firm cut in the last year.

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Solar-Powered Plane Attempts Intercontinental Trip

5 Jun

Reblogged from NewsFeed:

Pilot Bertrand Piccard says his solar-powered plane isn’t as much for carrying passengers as it is for carrying a message about the future of clean energy.

Piccard and Andre Boschberg, along with their group Solar Impulse, have created a solar-powered plane capable of flying night and day, now on the final leg of an intercontinental journey from Switzerland to Spain and across the Strait of Gibraltar to Morocco.

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Good News, Fellow Nerds: SimCity Is Coming to Facebook

5 Jun

Reblogged from Betabeat:

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It was an essential element of any nerdy childhood, and now it can be a part of your nerdy adulthood, because SimCity is coming to Facebook. Finally, a solution for those of us who've switched to Macs but miss spending Sunday afternoons planning digital cities. PC Mag reports that Electronic Arts and Facebook are collaborating on the creation of SimCity Social.

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Today in astronomical weirdness: This is your last chance to see the transit of Venus

5 Jun

Reblogged from Grist:

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Manhattanhenge is cool, but it happens twice a year. Ditto Supermoons. Solar eclipses are less common, but nothing like today's astronomical weirdness. This afternoon and evening, Venus will pass in front of the sun, for the last time in your lifetime unless you are a robot or a Time Lord. Here's why you should try to watch it, and how.

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